Zip 14485 (Lima, NY) Economy


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Lima, New York is a small city in Livingston County with a population of 14,485. The cost of rent for a two-bedroom apartment here is $970 per month, which is considerably lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Lima is the same as the national average at 100.
Local companies in Lima include B&G Automotive Services Inc., Warren's True Value Hardware & Rental Center, and Hartford Mechanical Services Inc., which are all located on Main Street. There is also an indoor golf facility called The Links at Ivy Ridge and several restaurants such as The Olde Wicket Restaurant and Pub and Eastside House & Pizza.

Lima (zip 14485) has an unemployment rate of 5.8%. The US average is 6.0%.

Lima (zip 14485) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Lima (zip 14485)
- The Sales Tax Rate for Lima (zip 14485) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lima (zip 14485) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lima (zip 14485)
- The average income of a Lima (zip 14485) resident is $24,057 a year. The US average is $28,555 a year.
- The Median household income of a Lima (zip 14485) resident is $64,229 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLima, New YorkUnited States
  5.86
  -5.5%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,276$37,638
  $64,229$69,021
  $89,280$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  12.6%6.8%
  13.1%10.0%
  1.3%2.5%
  12.2%11.0%
  1.6%4.8%
  0.2%0.8%
  1.1%1.9%
  3.0%4.7%
  0.4%1.9%
  9.4%7.6%
  0.0%0.1%
  3.1%4.2%
  14.8%9.3%
  11.5%14.0%
  1.5%2.1%
  3.7%7.0%
  3.8%4.8%
  6.1%4.7%
Reviews for Lima
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Over 16 years ago

Lima is a great community for older housing  More

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